Bo's Home Manufacturing has 470,000 shares outstanding that sell for $48.24 per share. The company has announced that it will repurchase $67,000 of its stock. What will the share price be after the repurchase?Multiple Choice$48.10$42.09$48.38$45.23$48.24Correct PrevQuestion 9 of 10 Total9 of 10Visit question mapNext

Suppose a corporation currently has $500 Million of USDs in excess cash available to repurchase stock or pay dividends on its 20 million shares. Suppose the corporation decides to use the $500 Million to repurchase shares on the open market. If the current stock price is $50, what will be the price of the stock after the repurchase? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer."

A firm has a market value equal to its book value. Currently, the firm has excess cash of $2,600 and other assets of $5,000. Equity is worth $7,600. The firm has 950 shares of stock outstanding and net income of $1,150. The firm has decided to spend all of its excess cash on a share repurchase program. How many shares of stock will be outstanding after the stock repurchase is completed?

AMC Corporation currently has an enterprise value of $400 million and $100 million inexcess cash. The firm has 10 million shares outstanding and no debt. Suppose AMC uses itsexcess cash to repurchase shares. After the share repurchase, news will come out that willchange AMC’s enterprise value to either $600 million or $200 million.a. What is AMC’s share price prior to the share repurchase?b. What is AMC’s share price after the repurchase if its enterprise value goes up? Whatis AMC’s share price after the repurchase if its enterprise value declines?c. Suppose AMC waits until after the news comes out to do the share repurchase. Whatis AMC’s share price after the repurchase if its enterprise value goes up? What isAMC’s share price after the repurchase if its enterprise value declines?d. Suppose AMC management expects good news to come out. Based on your answersto parts b and c, if management desires to maximize AMC’s ultimate share price, willthey undertake the repurchase before or after the news comes out? When wouldmanagement undertake the repurchase if they expect bad news to come out?e. Given your answer to part d, what effect would you expect an announcement of ashare repurchase to have on the stock price? Why?

Companies should issue (repurchase) shares when their stock price is high (low).Group of answer choicesTrueFalse

A company forfeited 3,000 shares of ₹10 each, on which only ₹5 per share (including ₹1 premium) hasbeen paid. Out of these few shares were re-issued at a discount of ₹1 per share were and ₹6,000 weretransferred to Capital Reserve. How many shares were re-issued?